Acadian Mining Corporation ADAIF

RE: Jason Hommell Zinc

[krogh]

Huesos, I totally agree with you. There is a lot of unnecessary delays. Many companies drill way too much. Many drill holes nowadays are just confirmations of older drill holes. And the results are more or less similar! Surprise. There is a general lack of funding in the industry. This means that many juniors are sitting on nice deposits, but they are totally dependent on financing or majors to come and help them. That puts them in a weak position. They have to worry about 43-101 even when they know that the metal is there. They have to do infill drilling even when they know the metal is there, just to upgrade from indicated to measured say. Then they can issue a NR saying that they have moved rsources to measured. ADA should be out of this game soon. With cash flow things are much easier.